Volume : 6, Issue : 2, February - 2017

Exploring new Horizons: Using Neuromarketing as a Tool for Modern Marketers

Ajay M. Jadhav, Dr. M S Yathish Chandra

Abstract :

<p>&nbsp;<span style="text-align: justify; font-size: 12pt; line-height: 200%; font-family: &quot;Times New Roman&quot;, serif;">This study aims to understand how Marketers use Neuromarketing as an Innovative Marketing Campaign wherein they engage the consumers in the buying process through </span><span style="text-align: justify; font-size: 12pt; line-height: 200%; font-family: &quot;Times New Roman&quot;, serif;">scanning ain activity of the salesperson&rsquo;s behavior and customers. Through this activity, </span><span style="text-align: justify; font-size: 12pt; line-height: 200%; font-family: &quot;Times New Roman&quot;, serif;">the consumers can engage and participate and have a real time shopping experience. It provides useful information about the consumer behavior to the Marketers.</span></p> <p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:&quot;Times New Roman&quot;,serif">Neuromarketing guides the customers to take a final decision while purchasing the product. It also helps in understanding different types of customer&rsquo;s needs and preferences thereby providing more opportunities for the marketers in the 21<sup>st</sup> Century.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;text-align:&#10;justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;&#10;font-family:&quot;Times New Roman&quot;,serif">Neuromarketing tries to uncover the Emotional Appeal, Rational Appeal or both of the consumer behavior in order to measure the effectiveness of Ad Campaigns. <o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;text-align:&#10;justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;&#10;font-family:&quot;Times New Roman&quot;,serif">Keeping in the mind the research objectives of this study, this paper uses exploratory and descriptive research design. A Survey Method is used by personal interaction. The Personal Interaction is limited to administration of questionnaires to collect required data. The statistical tools like z-test were used for statistical analysis.<o:p></o:p></span></p>

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Cite This Article:

Ajay M. Jadhav, Dr. M S Yathish Chandra, Exploring new Horizons: Using Neuromarketing as a Tool for Modern Marketers, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-6, Issue-2, February‾2017


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